Banque Cantonale Vaudoise Has $10.02 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Banque Cantonale Vaudoise trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 10.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,672 shares of the semiconductor company's stock after selling 7,077 shares during the period. Banque Cantonale Vaudoise's holdings in Taiwan Semiconductor Manufacturing were worth $10,016,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSM. FWG Holdings LLC raised its stake in Taiwan Semiconductor Manufacturing by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company's stock valued at $539,000 after acquiring an additional 50 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in shares of Taiwan Semiconductor Manufacturing by 18.1% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 35,133 shares of the semiconductor company's stock worth $6,102,000 after buying an additional 5,397 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 14.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 5,582 shares of the semiconductor company's stock worth $969,000 after buying an additional 722 shares during the period. Prospera Financial Services Inc grew its stake in Taiwan Semiconductor Manufacturing by 1.4% in the 3rd quarter. Prospera Financial Services Inc now owns 59,915 shares of the semiconductor company's stock valued at $10,408,000 after buying an additional 801 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth approximately $681,000. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock traded up $2.24 during trading hours on Tuesday, reaching $189.72. 9,378,063 shares of the stock were exchanged, compared to its average volume of 15,381,257. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $95.25 and a twelve month high of $212.60. The company has a market cap of $983.97 billion, a P/E ratio of 30.29, a price-to-earnings-growth ratio of 0.87 and a beta of 1.12. The stock has a 50 day moving average of $186.28 and a two-hundred day moving average of $172.79.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The business had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.84 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a dividend yield of 1.16%. Taiwan Semiconductor Manufacturing's dividend payout ratio is 31.57%.

Analysts Set New Price Targets

TSM has been the subject of several research reports. Susquehanna reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Needham & Company LLC reissued a "buy" rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Sunday. Finally, Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $214.00.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.